GATEWAY APPRENTICESHIP PROGRAM (EIN 841346716) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

SAGE HAMILTON

Tax Period

2023-07-01 to 2024-06-30

GATEWAY APPRENTICESHIP PROGRAM, founded in 1995, is a community nonprofit in the Education sector that reported $1.9M in total revenue in fiscal year 2023. Revenue surged 54% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 74% operating margin.

Mission

THE CHILDREN (13) ARE SCHOOLED BY AGE GROUPS AND THEN COME TOGETHER FOR VARIOUS ACTIVITIES AND CELEBRATIONS OF THE SEASONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,497,557

Program Service Revenue $374,770

Investment Income $11,857

Other Revenue $0

TOTAL REVENUE $1,884,184

Expense Breakdown

Grants Paid $0

Salaries & Benefits $197,671

Fundraising Expenses $0

Program Expenses $373,468

Other Expenses $297,508

TOTAL EXPENSES $495,179

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,884,184	$1,220,712	+0.5%
Expenses	$495,179	$200,917	+1.5%
Net Income	$1,389,005	$1,019,795	+0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AIYANA RUTHERFORD	TREASURER	40.00	Officer Director	$0	$0	$0
CHRISTOPHER SASSANO	SECRETARY	30.00	Officer Director	$0	$0	$0
SAGE HAMILTON	PRESIDENT	40.00	Officer Director Key Emp	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$1,884,184	$495,179	$4,086,118	$1,389,005
2023	$1,220,712	$200,917	$3,457,027	$1,019,795
2022	$182,566	$194,359	$156,307	$-11,793
2021	$162,403	$135,563	$154,675	$26,840
2020	$134,644	$156,638	$119,273	$-21,994
2019	$152,715	$140,673	$115,524	$12,042

GATEWAY APPRENTICESHIP PROGRAM